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Re: The Pandemic's effect on the Jersey City and overall Urban Real Estate Market
#61
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I don't even know how we could be thinking about this at this juncture. The new COVID numbers in JC are still stubbornly high.

Quote:

dr_nick_riviera wrote:
https://www.nj.com/hudson/2020/04/reop ... ess-mayor-fulop-says.html

"On restaurants: "What we?re looking to do now is change the capacity inside, so that tables are far apart, bars spaces are far apart ? that would entail a reduction of 40 to 50% ... of maximum capacity. We?re going to try to offset some of that ... by expanding outdoor seating, ... where possible to take away parking spaces. ...

?People don?t like losing parking, but if your are trading off keeping a business in the neighborhood, that?s a worthwhile tradeoff.?

Haha, so the NAs lose even when they should have a win. Less parking for more outdoor seating? Win win. Maybe we get more permanent pedestrian areas because of this.

Posted on: 2020/4/23 21:55
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Re: The Pandemic's effect on the Jersey City and overall Urban Real Estate Market
#62
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Yes. The original issue is the economic impact this will have and how it will effect the JC and urban real estate market. Interesting and not at all unrelated, Seton Hall University published a study that 72% of US citizens will not go to sporting events until there is a vaccine. I think that evidences how people are going to respond to this in other areas. Quote:

RichMauro wrote:
Might we get back on topic?

Posted on: 2020/4/18 17:39
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Re: The Pandemic's effect on the Jersey City and overall Urban Real Estate Market
#63
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Of course only time will tell. But I think a lot of people or at least some will just want to live in less dense areas. Some will suffer long term hits to their income, forcing them to sell or go into foreclosure. After after the social distance rules are lifted, some people won't rush to be in crowded or semi crowded venues, like restaurants, bars, sporting arenas, malls, office buildings, gyms, beaches. I have to suspect all of this will have a lingering effect on the economy and the real estate market. I've been wrong before. But in this instance I would be surprised if there's a quick bounce back.

Posted on: 2020/4/16 17:33
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Re: The Pandemic's effect on the Jersey City and overall Urban Real Estate Market
#64
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Home away from home


I think one big difference between this and 9/11 is that after 9/11, people went back to work in NYC after a few days and the rest of the country was still working. People haven't been working in earnest in NYC or the area in at last three weeks. It's not likely that people will be returning to real work for at least 4 months and probably longer. There are other factors as well that will be at play.

Posted on: 2020/4/16 13:07
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The Pandemic's effect on the Jersey City and overall Urban Real Estate Market
#65
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In the last several years, buyers have spent top dollar on purchasing older Jersey homes, and then poured as much as $600,000 on renovations. At the same time, developers have been building condo buildings with shiny new two bedroom condos, the market for which has already been sagging. Under the pressure of the pandemic, it's likely a lot of people will leave urban areas, many people will either lose jobs, or suffer direct pay cuts, reductions in bonuses or commissions, making meeting mortgage payments a significant challenge if not impossible. Developers will have to meet the call of the banks. The likelihood of a 30% drop in real estate market values is great. In this instance, the fall won't take long. As a homeowner, I take absolutely no joy in this. Unfortunately, it's a harsh reality. The impact of this is going to have a significant effect on our local economy and the larger economy. Still new opportunities will abound. However, I believe the urban real estate market is going to take an immediate hit. Only time will tell. But from an economic stand point, I believe this will be very much like the 70s.

Posted on: 2020/4/16 1:15
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Newark Catholic Archdiocese Suspends Masses
#66
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Home away from home



Posted on: 2020/3/13 12:14
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Re: Enna Bakery
#67
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Was it ever full with customers? I just think that's a hard place for a business like that. There's not enough foot traffic.

Posted on: 2020/2/2 18:58
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Re: New Jersey-New York area lost 5,700 millionaires in 2018
#68
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Then who is buying up all of this real estate? I realize the real estate market in NYC and some areas of NNJ have cooled in part. But that's in part because the numbers had reached super, super stratospheric heights. Still, even with the dip, prices are high and people are still buying expensive real estate. In Asbury Park at least 20 units in the Ocean Club sold for anywhere from $1mm to $5mm. Properties in JC are still moving as are properties in the several million mark in NYC. It seems to me there's plenty of money floating around.

Quote:

bodhipooh wrote:
I love reviving this thread every year, as annual data comes out that clearly repudiates the narrative pushed by Dolomiti and other so-called progressives who think you can continue to raise taxes on people year after year and that people will continue to take it.

From the thread below, the idea that taxes can spur people to leave NY/NJ was dismissed as a myth. Too bad the data does not fit that characterization.

https://www.wsj.com/articles/in-florid ... he-tax-relief-11578501325

https://nypost.com/2019/12/30/new-york ... -an-alarming-rate-report/

Posted on: 2020/1/14 15:31
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Re: House Inspector to avoid--John Estes, Regional Home Inspection
#69
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Home away from home


I used DICO too. Those guys are detailed and catch every little thing. But as a buyer you have to be realistic as to what to request when looking at the report. Every little leaky faucet is not going to get repaired nor will you get a credit for it.

Posted on: 2019/12/29 14:04
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Re: JC teachers who made 99K or more in 2019
#70
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I'm 55 years old, with a BS in accounting and a practicing attorney. We're not going to attract the brightest and best by underpaying them. People cannot afford to live in this year on less than $90,000.00 . We have lost our best candidates to careers that pay more. We have to attract those people.

Quote:

dmark526 wrote:
Lol. You sound like a typical Millennial. I have no experience, but I want to start at the top. Wouldn't we all like to have things given to us before proving ourselves.



Posted on: 2019/12/6 15:07
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Re: JC teachers who made 99K or more in 2019
#71
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I think $99k for a teacher's salary should be their starting salary right out of college.

Posted on: 2019/12/4 1:12
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Re: HC(JC) authorities search for hit-and-run minivan that left man in critical condition
#72
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Home away from home


But he moved her from the suburbs.

Posted on: 2019/11/8 15:50
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Re: HC(JC) authorities search for hit-and-run minivan that left man in critical condition
#73
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Home away from home


This is the problem with the suburbanites moving into JC. They come in with their minivan, their SUVs and their sense of entitlement. They don't know how to drive in urban environments and someone gets hurt.

Posted on: 2019/11/8 15:00
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Re: Support and Survival of the Arts in Jersey City
#74
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While I'm not intimately familiar with this issue, I feel constrained to say, MartinM is a very good writer. I hope you can use your talents to advance your concerns. All the best. Quote:

MartinM wrote:
I attended New Jersey City University's Arts and Culture Breakfast Symposium on last Thursday morning with a wide array of artists and arts leaders representing arts groups from all over Jersey City and representing all different media in the arts. It is encouraging that NJCU is playing the role of a facilitator of communication.

Unfortunately, I was dismayed and frustrated by the lack of awareness, inability to articulate, and tone deaf comments by the government officials in attendance. No personal offense intended - but the arts are a highly sophisticated and educated field that requires individuals who possess knowledge, contacts, and education in the areas of arts and non-profit management. Beyond the individuals on the panel with specific experience in arts management, I heard nothing but more platitudes about Jersey City's "great arts scene". One official, at a loss for describing his familiarity with Jersey City arts, spoke about his passion for karaoke. Another seemed to be swimming in gibberish, incomprehensible to anyone in the room. A third trotted out the same tried and true excuse: we are fixing everything the prior administration did wrong. (Isn't there a statute of limitation on that one?) None appeared to have a grasp of the challenges facing arts and arts groups in Jersey City nor ideas for remedying the crisis that arts in Jersey City are facing. Are these officials aware that there is not one arts organization in Jersey City with even marginally adequate funding for operations in spite of our location in the most economically active region in the state?

Last week's meeting conveyed no confidence that the city possesses the will, awareness, or expertise to address the underlying issues of: negligible arts funding, lack of professional arts performance/exhibition space, inclusion of arts in city planning decisions, enforcement of arts provisions in zoning and other ordinances. At today's panel discussion the tension in the room between the official "party line" about support for the arts - and the reality that Jersey City arts groups face in Jersey City - was so thick you could have cut it with a knife.

I hope local government will prove me wrong about their commitment to the arts. Or perhaps these pols, in their campaign year calculations, will decide that providing real policy and leadership in the arts is not as cheap and easy as highly publicized window dressing: murals, public arts events barely discernible from poltical rallies paid for by the tax payers but with the mayor's face front and center.

Posted on: 2019/11/5 1:20
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Re: Statute of Blessed Mother in front of St. Michael's Church was Desecrated
#75
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Fr. Quinn handled the situation very well and he addressed it appropriately at Mass.

Posted on: 2019/9/18 14:36
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Re: Another trendy JC restaurant is closing.
#76
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I have only had drinks and apps there. I sorta liked the location because it looks out over the Hudson to the City. I would have thought that may have made it appealing enough to keep people coming in. However, like me I suppose a lot of people don't think of making the treck over there just to eat some wings while looking at the water. Candidly, I didn't think of it often. I love over in Hamilton Park and like a lot of people sorta prefer places that are walking distance. Sorry to hear a business close. People put a lot of money and effort into it.

Posted on: 2019/9/17 15:28
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Statute of Blessed Mother in front of St. Michael's Church was Desecrated
#77
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I personally think this should be treated as a hate crime:

https://www.nj.com/hudson/2019/09/shoc ... Oy7guaBWeQPXvHotP2Ko64NJ8

Posted on: 2019/9/15 13:59
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Re: The Top 28 Breakfast and Brunch Spots in Jersey City and Hoboken
#78
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This list is just a haphazardly collected names. No thought has been put into this list.

Posted on: 2019/7/31 1:14
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Re: Dixon Leasing renovated Fulop's Ogden home for free.
#79
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This is both a stupid article and thread. First, let's start with the over all contract price of $485,000.00. From what I gather from my downtown neighbors that's about the typical cost of the gut renovation of a brownstone. Of course that depends on a few variables, but for the most part this is the about the number people are saying that they are paying. Furthermore, we have no idea whether there were change orders made after the original contract nor how much Fulop ultimately paid them in the end. It's rather common for these projects to go over. This article explains none of that. So as I've said both the article and the thread are entirely stupid. Please, go back to drinking or napping and whatever it is you do to keep the blood from flowing to your brain.

Posted on: 2019/6/18 19:56
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Re: Flat Home Values Spur Rental Demand During Hudson County’s First Quarter
#80
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With all of the excessive building of rentals, there's a glut of rentals. All of the new buildings are offering a few months free and no realtor fee. The rental market is soft for sure.

Posted on: 2019/5/23 18:55
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Re: Snyder High School Class of 1969 50th Reunion
#81
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I hope you guys get a great turn out. Good luck and congratulations!! Nothing like old friends.

Posted on: 2019/4/8 23:47
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Re: Recommendations & Advice - Gut Renovation of Brownstone (one floor)
#82
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Home away from home


Good luck to you. The really good general contractors seem to be too busy and not really available for awhile. There are a lot of handymen or contractors who have traditionally had only one focus that have recently started holding themselves out as general contractors. My next door neighbors used "On Time Construction" or something like that. Their demo guy stole from my neighbors and the general contractor woefully underperformed after taking a lot of money. As it turned out this particular contractor had previously only done bathrooms and kitchens.

When hiring a general contractor, get three bids. Get four references that you could speak to. Get a detailed scope of work in writing. Make sure the scope of work has set time lines and miles tones of when work is to be complete with an associated payment schedule. The contract for work should have a provision for penalties for not completing on time.

Good luck to you.

Posted on: 2019/3/28 12:07
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Re: Chicago Church, Father Paul and Jersey City
#83
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It would be constitutionally offensive to take away the statute of limitations. There are alleged defendant's who are dead. How can they defend themselves or be adequately represented? It's incredibly unfair. We still believe in the "innocent until proven guilty" doctrine. A lot of people make false allegations.

Posted on: 2019/2/14 15:59
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Re: Chicago Church, Father Paul and Jersey City
#84
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Of those on the list:

34 are dead

32 have been permanently removed from ministry. Of those 12 have only one allegation against them.

Certainly, one is too many. But again, these are only allegations. Credible, means it's something that COULD happen, not something that did happen.

It seems to me based upon the numbers that have been removed from ministry, the Newark Archdiocese actually acted on the claims when they were really credible.

There is nothing in the report to suggest that any or which of the alleged instances of abuse occurred in Hudson Co. or Jersey City.

It's important to read critically, if you have the heft to do so.

Posted on: 2019/2/13 16:39
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Re: The SUV Phenomenon
#85
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Dude, pack up your SUV and your wife's van and move to Maplewood or better yet Whitehouse Station!!

Quote:

bodhipooh wrote:
[

Dude, you are making a fool out of yourself: those two specific examples (Mazda CX5 and Acura RDX) are VERY short by SUV standards. In fact, they are both shorter than the average mid size sedan, certainly shorter than a Ford Fusion.

I am not trying to argue or defend the ownership of SUVs (people can own whatever they choose!) but your stance just comes across as petty and misguided when your justifications are based on misconceptions.

You can keep spouting your crank, but it is nothing more than shaking your fist at the sky: you will accomplish nothing because your argument and logic are not based on facts, just feelings and misconceptions.

Posted on: 2019/2/11 17:47
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Re: The SUV Phenomenon
#86
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I supposed I've surmised it's a suburban mentality thing, because suburban people have driveways, have more of a need to drive around and particularly across highways to other suburbs to meet up with their other suburban friends or go to their jobs in other suburban towns, take their suburban children to their travel sports and play dates. So all of this driving makes them feel they need what they falsely perceive or ostensibly persuade themselves to be a "safer" vehicle.

When I first moved downtown 18 years ago from J. Sq where i lived for 10 years, those people who had cars, mostly had hatchback kinda cars or smaller jeepish kinda cars. These people were more artist types who needed to tote their work around.

It's in more recent years that I've seen more Hummers, stupid utility vehicles, large vans etc. So, I've imputed a suburban take on it.

Quote:

srs7191 wrote:


I agree with you that most people own a larger vehicle than they need, but I don't see how it's a "suburban mentality".

Every major US city that I have visited is rammed full of SUVs. All of Hudson county, Newark, NYC, Philadelphia, Baltimore, Wilmington, DC, Boston, LA, and Vegas - full of SUVs.

I mean, I lived in Hong Kong for three years, which doesn't even have suburbs in the American sense (even its "suburban" areas are more dense than most US cities) and that city had plenty of SUVs.

I'm originally from the UK, where SUV ownership is much lower - not because people don't want them, but because people can't afford them. They're a status symbol, and where do you see the most SUVs in the UK? The place where more can afford them - London.

Posted on: 2019/2/10 18:09
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Re: The SUV Phenomenon
#87
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In my earlier post I made it clear I was distinguishing between bigger SUVs mostly crossovers like the Acura RDX, Mazda CX5 etc and the huge SUVs like Hummers, utility trucks, vans etc.

But your need to defend your position on the SUV thing, suggests you should probably move to Montclair or Maplewood.
Quote:

bodhipooh wrote:
[

Thankfully, you are not in charge of public policy. Here is the problem with your stand: some SUVs are so compact as to be smaller than most mid-size sedans. Heck, of the top 10 SUVs sold in the US last year, almost all are about the same length as a Ford Fusion, with only two being about a foot longer.

Posted on: 2019/2/9 13:12
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Re: The SUV Phenomenon
#88
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Home away from home


Anyone who voluntarily wants to own a huge car is free to pay to park it in a garage somewhere if they want. But owning a huge car in a city is ridiculous. It's a very, very suburban mentality. And it exacerbates the parking problem. And it's just plain out stupid.

Posted on: 2019/2/7 21:15
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Re: The SUV Phenomenon
#89
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Owners of large SUV's should have to pay $1,500 a year for their residential parking stickers. Owners of commercial vehicles should have to pay $4,000.00 a year for a residential parking sticker

Posted on: 2019/2/7 16:34
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Re: The SUV Phenomenon
#90
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Home away from home


I imagine those accident reportings are either national or state wide. New cars have a host of safety features regardless of size of cars. Urban living warrants using more mini cars. We're not living in Berkley Heights here. Though newer constituents think they still do. When I ever i see a man in a huge SUV, I just assume small penis. Whenever I see a woman in a huge SUV I assume her husband has a small penis.

I imagine the same people in JC who drive huge SUVs and other utility vehicles also want to lobby for a Bennigans and Houlihans as well as more high chairs in restaurants and sports bars.

Posted on: 2019/2/2 14:34
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